Does Volkswagen Own Audi? The Truth Revealed!

Have you been wondering, “Does Volkswagen own Audi” The answer is yes. In fact, Volkswagen has owned Audi since 1965. This German automotive giant also owns a number of other brands, including Porsche, Bentley, Bugatti, and Lamborghini.

Do Volkswagen Own Audi

Yes, Volkswagen owns Audi.

Does Volkswagen Own Audi?

History of Volkswagen and Audi

Volkswagen and Audi have a long history together. Volkswagen was founded in 1937 by the German government as a state-owned automaker. The company’s goal was to produce an affordable car for the masses, and the resulting vehicle was the Volkswagen Beetle. Audi was founded in 1910 by August Horch as Horch Automobilwerke GmbH. The company changed its name to Audi in 1932.

In 1965, Volkswagen acquired a 50% stake in Audi. In 1969, Volkswagen acquired the remaining 50% stake in Audi, making it a wholly owned subsidiary. Volkswagen has continued to own Audi ever since.

Volkswagen and Audi Today

Today, Volkswagen and Audi are two of the most successful automakers in the world. Volkswagen is the world’s largest automaker by sales, while Audi is one of the most prestigious luxury brands in the world. The two companies share a number of common features, including a focus on engineering excellence, high quality, and innovative design.

Conclusion

Volkswagen and Audi are two of the most iconic brands in the automotive industry. The two companies have a long history together, and they continue to be successful today.

Also Read: How Much Volkswagen Atlas

FAQs

Does Volkswagen own Audi?

Yes, Volkswagen owns Audi.

When did Volkswagen acquire Audi?

Volkswagen acquired Audi in 1964.

How many brands does Volkswagen own?

Volkswagen owns 12 brands, including Audi, Porsche, Lamborghini, and Bentley.

What is the largest Volkswagen brand?

The largest Volkswagen brand is Volkswagen Passenger Cars.

Where is Volkswagen headquartered?

Volkswagen is headquartered in Wolfsburg, Germany.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *